Investor Relations (IR) Questions: Genspera Inc $GNSZ

-1- When is the last time GNSZ raised cash through an offering (diluted)?

-a- In December 2012 the Company initiated an offering raising $881,000 in gross proceeds. The sale originally consisted of 400,461 shares and one warrant per share individually priced at $2.20. Warrants are good for five years from the closing date at an exercise price of $3.00 per warrant. However, In March 2013 the Company issued an additional 96,443 shares and warrants effectively bringing the per share and warrant price down to $1.773. The exercise price of warrants did not change.

-a- In March 2013 the Company sold an additional 557,256 shares/warrants in connection with the December 2012 offering. Gross proceeds were $988,000. The terms of the offering were “substantially the same form as the Investors in the December Offering...”. Shares/warrants were individually priced at $1.773.

-a- “To date, the Company has issued 1,054,160 units, 18,410 PA Warrants and received gross proceeds of $1,869,000 in connection with the December Offering.”

-2- How much cash (not cash equivalents) does GNSZ have?

-b- Cash and cash equivalents were reported at $2,553,000 as of 03/31/2013.

-3- What and approximately when is the next known catalyst?

-c- G-202 PHASE II: The Company expects interim data in Q3 2013. The last patient is expected to enroll in Q1 2014.

-d- G-202 PHASE II Pca: The Company expects interim data in Q3 2013. The last patient is expected to enroll in Q1 2014.

-4- What is GNSZ's quarterly cash burn?

-e- Total Operating Expenses for the period covering the first three months of 2013 were $1,531,000. Total Operating Expenses for the same period in 2012 were $1,405,000.

-f- The Company believes that it has sufficient resources to continue operating through September, 2013.

-5- Does GNSZ have an existing line of credit and if so how much can they draw against it?

Upon reviewing the Company's most recent Form 10-Q, I did not find any reference to an existing line of credit or credit facility. I do not believe one exists. However, for absolute conformation, I recommend contacting the Company.

ADDITIONAL POINT(S) OF INTEREST:

-g- On August 6, 2012, the Company announced the appointment of Nancy Jean Barnabei to the position Vice President Finance and Treasurer.

-h- On May 6, 2013, the Company received Nancy Jean Barnabei's resignation. The resignation was not the result of a disagreement with the Company which "expects to fulfill its accounting and reporting requirements through an accounting consultant".